We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
Hello, I'm looking for options/opinions/ideas on how to basically take over ownership of a retiring family members townhouse in northern virginia, for the purposes of renting it out long term.You probably ask, "Why do...
I just listened to episode 176 with Tom Krol. It was really inspiring and motivating. (well at least enough to get me posting my thoughts). In the episode, he described in great detail his direct marketing campaign an...
Hey Everyone!
So I’m currently in the process of planning to building a JADU and I’m in the step where I’m looking for an architect. I’ve gotten a few quotes from 1200, 5k, 10k. The 1200 one was from BP which redire...
About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $185,000
Cash invested: $185,000
3bd 2th 1300sq ft 2 car garage rents for 1500-1700 a month
What made you interested in ...
Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.